Unilever, which owns 400 consumer brands ranging from Ben & Jerry’s ice cream to Dove skin care, raised prices by more than 11% between April and June as inflation surged around the world.
Fort Wayne-based Steel Dynamics Inc. says a newly announced joint venture with Minnesota-based biocarbon company Aymium will help it meet its goal to achieve carbon neutrality by 2050.
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
Jennifer Rumsey, who was named the first woman CEO in Cummins’ 103-year history, said addressing climate change remains a key priority for the company.
Linebarger will be replaced by Cummins President and Chief Operating Officer Jennifer Rumsey, who has been with Cummins for 22 years, including the last 16 months as COO.
The company and Gov. Laura Kelly announced the new project Wednesday, just hours after Kelly and eight top leaders of the Kansas Legislature signed off on a package of incentives worth $829 million over 10 years.
A border carbon adjustment would penalize imports from countries with lower environmental standards (e.g. China, Russia and India) by charging a fee at the border on the carbon emissions used to manufacture their high-polluting products.
One of Europe’s biggest automakers warned after a landmark deal to phase out combustion engines that the industry is doomed unless electric vehicles get less expensive.
MediaTek USA announced Tuesday that the center, which is expected to create up to 30 jobs, represents its first partnership with an American university, as well as a new growth model for the company.
InoBat Auto, a Slovakian company that launched in 2019, said Thursday that it plans to open battery R&D and production sites in Indiana, in partnership with New York City-based Ideanomics Inc.
Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers. The director of the FTC’s consumer protection bureau said “other companies that squelch consumers’ right to repair should take notice.”
Kellogg’s had net sales of $14.2 billion in 2021, with $11.4 billion generated by its snack division, which makes Cheez-Its, Pringles and Pop-Tarts, among other brands. U.S. cereal sales have been waning for years.
On Monday, U.S. Senator Maggie Hassan sent a letter to Procter & Gamble, Edgewell Personal Care, Johnson & Johnson and Kimberly-Clark asking what they plan to do to address reports of diminished supply and price gouging by third-party sellers.
Juanita Easterling now works for Goodwill of Central & Southern Indiana as the plant manager of Cook Medical’s brand-new $15 million medical manufacturing facility on the northeast side of Indianapolis.
Some domestic producers say President Biden’s actions would help China’s state-subsidized solar companies at the expense of U.S. manufacturers.
The state’s five automotive assembly plants, and the suppliers who serve them, produce 1.3 million cars and trucks per year, employing just more than 110,000 workers. But the vast majority of that work focuses on gas-powered vehicles.
The companies said the investment could grow to $3.1 billion as Stellantis—formed last year with the merger of Fiat Chrysler and France’s PSA Peugeot—ramps up production of electric vehicles.
Combining 80 hours of classroom instruction with 80 hours of hands-on training, Catapult addresses entry-level skills that could lead to job opportunities along assembly lines, supply chains and in machine operations.
The forecast comes as Europe and North America look to reduce their dependency on Chinese imports and develop their own lithium production. China has enjoyed a stranglehold over the lithium supply chain.
